Get started

Financials · FUNC

First United Corporation (FUNC) financials

For the twelve months ended Sep 30, 2026, First United Corporation reported $95.80M of revenue and $25.29M of net income.

Revenue, TTM
$95.80M
Revenue growth, YoY
+11.1%
Net income, TTM
$25.29M
Net income growth, YoY
+1.5%
Net margin
26.4%
Free cash flow, TTM
$30.39M
EPS, diluted, TTM
$3.91
EPS growth, YoY
+2.1%
Cash
$74.87M
Total debt
$30.93M
P/E
12.07
P/S
3.19
Market cap
$305.3M
Annual revenue$88.68M
FY2016FY2025
Annual net income$24.52M
FY2016FY2025
Annual free cash flow$15.40M
FY2016FY2025

FUNC revenue and earnings growth

FUNC revenueQ3 2026$25.22M

Quarter YoY
+10.9%
QoQ
+5.3%
FY YoY
+11.1%
5Y CAGR
+5.7%
10Y CAGR
+3.7%

FUNC revenue was $25.22M in fiscal Q3 2026 (ended Sep 30, 2026), up 10.9% from a year earlier and up 5.3% from the prior quarter. For the full fiscal 2025 it was $88.68M, up 11.1% from fiscal 2024. Compound annual growth was +5.7% over 5 years and +3.7% over 10 years. It rose in 8 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

FUNC net incomeQ3 2026$7.18M

Quarter YoY
+3.4%
QoQ
+26.7%
FY YoY
+19.2%
5Y CAGR
+12.1%
10Y CAGR
+6.6%

FUNC net income was $7.18M in fiscal Q3 2026 (ended Sep 30, 2026), up 3.4% from a year earlier and up 26.7% from the prior quarter. For the full fiscal 2025 it was $24.52M, up 19.2% from fiscal 2024. Compound annual growth was +12.1% over 5 years and +6.6% over 10 years. It rose in 7 of the last 10 fiscal years.

FUNC EPSQ3 2026$1.11

Quarter YoY
+3.7%
QoQ
+26.1%
FY YoY
+19.7%
5Y CAGR
+13.9%

FUNC diluted EPS was $1.11 in fiscal Q3 2026 (ended Sep 30, 2026), up 3.7% from a year earlier and up 26.1% from the prior quarter. For the full fiscal 2025 it was $3.77, up 19.7% from fiscal 2024. Compound annual growth was +13.9% over 5 years.

FUNC free cash flowQ3 2026$4.57M

Quarter YoY
27x
QoQ
-1.9%
FY YoY
-24.3%
5Y CAGR
+1.1%
10Y CAGR
-3.0%

FUNC free cash flow was $4.57M in fiscal Q3 2026 (ended Sep 30, 2026), up about 27-fold from a year earlier and down 1.9% from the prior quarter. For the full fiscal 2025 it was $15.40M, down 24.3% from fiscal 2024. Compound annual growth was +1.1% over 5 years and -3.0% over 10 years. It rose in 5 of the last 10 fiscal years.

Export CSV

Income statement

Income statement
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue$88.68M$79.80M$71.34M$75.68M$73.29M$67.12M$63.17M$59.35M$53.92M$52.29M
Interest expense--$24.29M$4.79M$5.71M$9.65M$11.53M$8.11M$7.37M$8.22M
Pre-tax income$32.53M$27.23M$19.48M$33.18M$26.31M$17.79M$16.46M$13.43M$12.21M$10.06M
Income tax$8.02M$6.66M$4.42M$8.13M$6.54M$3.95M$3.34M$2.76M$6.95M$2.78M
Net income$24.52M$20.57M$15.06M$25.05M$19.77M$13.84M$13.13M$10.67M$5.27M$7.28M
EPS, basic$3.78$3.15$2.25$3.77$2.95$1.98$1.85$1.51$0.58$0.84
EPS, diluted$3.77$3.15$2.25$3.76$2.95$1.97$1.85$1.51$0.58$0.84
Diluted shares6.5M6.5M6.7M6.7M6.7M7.0M7.1M7.1M6,9326,264

Balance sheet

Balance sheet
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Cash and equivalents$131.61M$78.33M$49.75M$74.31M$115.72M$149.43M$49.98M$23.54M$83.75M$63.31M
Goodwill$11.00M$11.00M$11.00M$11.00M$11.00M$11.00M$11.00M$11.00M$11.00M$11.00M
Total assets$2.09B$1.97B$1.91B$1.85B$1.73B$1.73B$1.44B$1.38B$1.34B$1.32B
Short-term debt$17.66M$65.41M$45.42M$64.56M$57.70M$49.16M$48.73M$77.71M$48.84M$36.00M
Total debt$95.93M$120.93M$110.93M$30.93M$30.93M$100.93M$100.93M$100.93M$120.93M$131.74M
Total liabilities$1.88B$1.79B$1.74B$1.70B$1.59B$1.60B$1.32B$1.27B$1.23B$1.20B
Shareholders' equity$203.63M$179.29M$161.87M$151.79M$141.90M$131.05M$125.94M$117.07M$108.39M$113.70M

Cash flow

Cash flow
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Operating cash flow$19.37M$22.28M$22.47M$26.54M$20.02M$16.17M$16.39M$18.29M$12.92M$11.49M
Capital expenditures$3.97M$1.92M$353.0K$3.58M$1.13M$1.60M$3.97M$9.48M$6.56M$3.92M
Free cash flow$15.40M$20.36M$22.12M$22.97M$18.89M$14.56M$12.42M$8.81M$6.36M$7.57M
Investing cash flow-$48.01M-$38.44M-$81.71M-$172.40M-$28.43M-$191.28M-$32.52M-$113.71M-$7.66M$11.89M
Financing cash flow$81.92M$44.73M$34.68M$104.46M-$25.31M$274.56M$42.57M$35.21M$15.17M-$12.22M
Dividends paid$5.97M$5.37M$5.22M$3.99M$3.89M$3.65M$3.13M$1.91M$1.22M$2.02M
Share repurchases-$4.03M$1.50M-$7.18M$2.75M----
Stock-based compensation$760.0K$483.0K$527.0K$532.0K$472.0K$345.0K$268.0K$249.0K$192.0K$192.0K

Key ratios

Key ratios
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue growth, YoY11.1%11.9%-5.7%3.3%9.2%6.3%6.4%10.1%3.1%-15.2%
Net income growth, YoY19.2%36.6%-39.9%26.7%42.8%5.4%23.1%102.4%-27.6%-44.0%
EPS growth, YoY19.7%40.0%-40.2%27.5%49.7%6.5%22.5%--31.0%-
Net margin27.6%25.8%21.1%33.1%27.0%20.6%20.8%18.0%9.8%13.9%
Free cash flow margin17.4%25.5%31.0%30.3%25.8%21.7%19.7%14.8%11.8%14.5%
Return on equity12.0%11.5%9.3%16.5%13.9%10.6%10.4%9.1%4.9%6.4%
Return on assets1.2%1.0%0.8%1.4%1.1%0.8%0.9%0.8%0.4%0.6%
Debt to equity0.470.670.690.200.220.770.800.861.121.16

Source: XBRL data First United Corporation files with the SEC, latest filing dated Nov 3, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

FUNC peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
FUNC$95.80M+11.1%$25.29M26.4%$305.3M
JPM$203.15B+13.2%$65.98B32.5%$935.97B
BAC$120.16B+5.4%$32.24B26.8%$356.26B
WFC$87.23B+5.4%$22.97B26.3%$262.45B
C$85.22B+5.6%$14.31B16.8%$209.24B
UBS$49.57B+2.0%$7.80B15.7%$157.25B
COF$63.01B+31.2%$10.87B17.2%$126.57B
MFG¥8.79T+7.6%¥1.16T13.2%$122.00B
BNSC$37.74B+12.1%C$7.79B20.6%$118.30B

FUNC FAQ

8 questions
  • What is FUNC revenue?
    First United Corporation (FUNC) reported $95.80M of revenue for the twelve months ended Sep 30, 2026. That is up 11.1% from the year before. Revenue for fiscal 2025 was $88.68M.
  • Is FUNC profitable?
    Yes. First United Corporation earned $25.29M in net income for the twelve months ended Sep 30, 2026, a net margin of 26.4%.
  • How much cash and debt does FUNC have?
    First United Corporation reported $74.87M in cash and cash equivalents and $30.93M of debt on its most recent balance sheet in SEC filings.
  • How fast is FUNC revenue growing?
    First United Corporation's revenue changed +11.1% in fiscal 2025, to $88.68M. Its compound annual growth rate was +5.7% over 5 years and +3.7% over 10 years.
  • What is FUNC free cash flow?
    First United Corporation generated $30.39M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $33.43M less capital expenditures.
  • What is FUNC earnings per share?
    Diluted earnings per share were $3.91 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did FUNC last report financial results?
    The latest statements here come from First United Corporation's 10-Q filed on Nov 3, 2026, covering the period ended Sep 30, 2026.
  • Where does this FUNC financial data come from?
    Quantisnow builds these statements from the structured XBRL data First United Corporation files with the SEC. It is provided for information only and is not investment advice.